Global Wood Recycling Market Report and Forecast 2024-2032

Global Wood Recycling Market Outlook

The global wood recycling market is expected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032. The wood recycling market is primarily being driven by the reducing investments in the coal industry.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Properties and Applications

Wood recycling refers to the method used to make new goods using chips made of clean waste wood that contains no contaminant or harmful materials, such as cement, asbestos, arsenic, or creosote. Based on grade, the market can be divided into wood, and paper and paperboard.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Wood is further segmented into the following:

• Grade A
• Grade B
• Grade C

Paper and paperboard can be further divided into:

• Mixed Grade
• Corrugated and Kraft Grade
• Newspapers and Magazines
• Others

The market can be broadly categorised based on its end-use into:

• Newsprint
• Sanitary and Household
• Packaging
• Wood Panels
• Energy Generation
• Others

The EMR report looks into the regional wood recycling markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Analysis

The use of sustainable and renewable sources of energy like biomass to reduce carbon emissions is growing. Many governments around the world are developing favourable policies and concessions to promote the manufacturing of biomass energy. The need for renewables such as biomass has been further increased by the diminishing non-renewable energy sources like fossil fuels. With the growing use of biomass, raw materials such as timber pellets, thin, unused wood, and palm kernel coats would be widely demanded. Thus, the expansion of the global biomass industry over the forecast period 2024-2032 is expected to drive the wood recycling market growth.

The market for paper has been boosted by factors like rapid urbanization and a growing literacy rate. Due to the large population as well as the increasing consumers power in China and India, the Asia Pacific region is projected to provide substantial growth potential for the wood recycling market. The demand for wood waste products in Europe, including wood pellets and wood briquettes, is mainly driven by an increased use of renewable energy. Some European countries are concentrating more on renewable energy production, for example, biomass, thus aiding the growth of the wood recycling market.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global wood recycling market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Evergreen Paper Recycling LLC
• Global Waste Recyclers Ltd
• Hanna Paper Recycling
• Interwest Paper Inc.
• Northstar Recycling Company
• Ricova International Inc.
• Sappy ReFibre
• Others

The EMR report gives an in-depth insight into the wood recycling market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report